Euronet Worldwide(US:EEFT)2026-02-12 13:11Revenue Growth - Fourth quarter 2025 revenues were $1,108.7 million, a 6% increase from $1,047.3 million, with a 1% increase on a constant currency basis[7] - Full year 2025 revenues reached $4,244.2 million, a 6% increase from $3,989.8 million, with a 4% increase on a constant currency basis[7] - Euronet Worldwide reported revenues of $4,244.2 million for the year ended December 31, 2025, an increase of 6.4% from $3,989.8 million in 2024[41] Earnings Performance - Adjusted earnings per share for full year 2025 was $9.61, a 12% increase from $8.61[7] - Adjusted earnings per share for 2025 was $6.84, up from $6.45 in 2024, representing an increase of 6.0%[42] - Adjusted earnings per share for the three months ended December 31, 2025, was $2.39, compared to $2.08 in the same period of 2024, representing a 14.9% increase[49] Net Income - The company's net income for 2025 was $313.0 million, compared to $306.3 million in 2024, reflecting a growth of 2.2%[42] - Net income for the three months ended December 31, 2025, was $51.8 million, an increase from $45.3 million in the same period of 2024, representing a growth of 5.5%[44] - The net income attributable to Euronet Worldwide, Inc. for the twelve months ended December 31, 2025, was $309.5 million, slightly higher than $306.0 million in 2024, marking a growth of 0.5%[49] Operational Metrics - Installed ATMs grew to 56,818 as of December 31, 2025, a 3% increase from 55,248 at the end of 2024[15] - Euronet added approximately 3,700 new acquiring merchants in the fourth quarter, expanding its merchant-acquiring network[11] - The Money Transfer segment saw a 31% growth in direct-to-consumer digital transactions for the full year 2025[21] Financial Position - Euronet's cash and cash equivalents were $1,040.3 million as of December 31, 2025, with total indebtedness of $2,021.8 million[24] - Total current assets increased to $4,270.2 million as of December 31, 2025, compared to $4,036.5 million in 2024, marking a growth of 5.8%[39] - Total assets reached $6,488.7 million as of December 31, 2025, up from $5,834.5 million in 2024, indicating a rise of 11.2%[39] - The company’s total liabilities increased to $5,166.2 million in 2025 from $4,605.3 million in 2024, reflecting a growth of 12.2%[39] Future Outlook - Euronet expects to deliver double-digit adjusted earnings growth in the range of 10%-15% for 2026, excluding impacts from foreign exchange rates[9] - Euronet Worldwide plans to host an analyst conference call on February 12, 2026, to discuss these results and future outlook[33] Charges and Expenses - The company recorded a $20.4 million charge for an optimization initiative in the Money Transfer segment to enhance future growth[7] - The company reported a Money Transfer restructuring charge of $20.4 million for the three months ended December 31, 2025, which impacted operating income[52] - Total other expense for the twelve months ended December 31, 2025, was $81.6 million, compared to $54.3 million in 2024, showing an increase of 50.0%[47] Depreciation and Impairment - Depreciation and amortization for the twelve months ended December 31, 2025, totaled $138.5 million, up from $131.8 million in 2024, reflecting a growth of 5.1%[47] - Contract asset impairment of $0.2 million was recorded for the three and twelve months ended December 31, 2025, consistent with the previous year[53] Foreign Exchange Impact - The company incurred a foreign currency exchange loss of $25.2 million for the twelve months ended December 31, 2025, compared to a loss of $19.1 million in 2024, indicating a 31.9% increase in losses[49]